UK pension-tracing platform Raindrop reunited savers with more than £675m in lost pension pots during 2025, highlighting both the scale of the pensions problem in the UK and the growing role of FinTech in helping consumers reclaim forgotten retirement savings.
According to FinTech Finance, over the course of the year, Raindrop traced more than 67,000 lost pension pots worth in excess of £675m.
This marked a 169% increase compared with the previous 12 months, when the platform helped savers recover £251m across around 18,000 pension pots. The figures underline a sharp acceleration in adoption as more financial institutions integrate pension-finding tools into their customer journeys.
Raindrop spent much of 2025 working closely with existing clients, including major UK financial providers such as Aegon, AJ Bell and Monzo. By embedding its pension-tracing technology into these platforms, Raindrop has enabled customers to identify and reclaim pensions they may have lost track of after changing jobs, moving home or consolidating accounts over time.
The scale of the issue remains significant. Research from the Pensions Policy Institute (PPI) estimates that £31.1bn is currently sitting in lost pension pots across the UK. There are almost 3.3 million lost pensions, with an average value of close to £9,500, suggesting that millions of savers could be missing out on meaningful retirement income.
Since launching its pension-tracing solution, Raindrop has now helped recover more than £1bn from over 103,000 pensions. The company views the milestone as evidence that digital pension-finding tools can materially improve long-term financial outcomes for consumers, particularly as career mobility increases and pension fragmentation becomes more common.
Raindrop is also looking ahead to further expansion. During 2026, the company plans to collaborate with additional financial institutions to widen access to its pension-finding technology, with the aim of supporting a larger proportion of UK savers who may have lost track of their retirement savings.
Raindrop co-founder and CCO Vivan Shridharani said: “For too long, tracing lost pensions has been a time-consuming and often fruitless process for savers. Over the last year, our simple pension-finding technology has reunited over £675m in lost pots with tens of thousands of savers.
“With the support of our clients, we have seen a huge jump in growth in the value and number of recovered pension pots in 2025, breaking the £1 billion barrier. However, given over £31 billion in retirement savings remains unclaimed, this is just the tip of the iceberg.
“During 2026, we will continue to collaborate with existing clients and announce new partnerships with some of the UK’s leading financial institutions lined up for 2026 to unlock access to our innovative pensions-tracing technology to millions more savers.”
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